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D3 Family Fund continues to invest in Asset Acceptance
By Lisa Kerner
Charlotte, N.C., July 30 - D3 Family Fund, LP and its affiliates increased their ownership interest in Asset Acceptance Capital Corp. to 15.8% from 14.8% with the purchase of 301,884 shares of the company's stock, according to a schedule 13D filing with Securities and Exchange Commission.
The shares were acquired between July 2 and July 29 priced from $9.41 to $12.13 each, the filing stated.
D3 and its affiliates beneficially own 4.83 million shares of the company's outstanding stock.
In a prior SEC filing, D3 Family Fund reported the purchase of 469,254 shares of Asset Acceptance between June 9 and July 1 priced from $12.08 to $12.60 each.
Asset Acceptance is a Warren, Mich.-based purchaser and collector of charged-off consumer debt.
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